News Report Software
November 06, 2023

Private Key Leak via Friend.Tech Telegram Bot ‘FriendSniperTch’ Sparks Security Concerns

In Brief

Yu Xian, founder of SlowMist, reported that two incidents involving the theft of Friend.tech users’ private keys occurred, both linked to the use of the FriendSniper Telegram bot.

Potential Private Key Compromise via Friend.Tech Telegram Bot

Cos, the founder of SlowMist with an evident interest in cybersecurity, has raised an alarm regarding the security of private keys on the crypto platform friend.tech.

This morning, reports came in about two separate incidents of private key theft among the platform’s users. The common denominator in both cases appears to be the use of a Telegram Bot named @FriendSniperTch.

Cosine’s (Cos) tweet revealed that both stolen private keys were related to users of friend.tech. There is suspicion that the FriendSniper Telegram Bot might be involved in leaking private keys. In response, the SlowMist team has offered a portal for affected users to report similar incidents for further investigation.

Friend.Tech Sniper Bot Creates Unease Among Users

On the other side, the FriendSniperTch team has addressed the community’s concerns regarding the platform’s security. They assured users that funds on the platform are safe and provided a detailed explanation in the face of these theft accusations.

FriendSniperTch highlighted the fact that account deletion via their bot leads to the corresponding removal from their database. This action appears to discount the bot as a source of the security breach.

They challenged the rationale that ties the use of their bot to the compromise of FT accounts. They suggest that mere correlation does not necessarily imply causation.

The Friend Sniper team displayed their confidence in their security by publishing a wallet’s database entry linked to a friend.tech account. They challenged skeptics to try compromising it, signaling their trust in their system’s robustness.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

More articles
Nik Asti
Nik Asti

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Crypto Exchange Bitstamp Announces Full Accessibility Of Assets For Mt. Gox Creditors And Unveils Separate Plan For UK Customers
Markets News Report Technology
Crypto Exchange Bitstamp Announces Full Accessibility Of Assets For Mt. Gox Creditors And Unveils Separate Plan For UK Customers
July 26, 2024
Cosmos Hub Proposes 1M ATOM Allocation To Hydro For Enhanced Liquidity 
News Report Technology
Cosmos Hub Proposes 1M ATOM Allocation To Hydro For Enhanced Liquidity 
July 26, 2024
The $231 Million Week: How Six Groundbreaking Deals Are Forging the Future of Crypto, Gaming, and AI”
Digest Top Lists Business Lifestyle Markets Software Technology
The $231 Million Week: How Six Groundbreaking Deals Are Forging the Future of Crypto, Gaming, and AI”
July 26, 2024
Sanctum Unveils stepSOL And Prepares To Roll Out STEP-Incentivized Pools
News Report Technology
Sanctum Unveils stepSOL And Prepares To Roll Out STEP-Incentivized Pools
July 26, 2024